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COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 401k Plan overview

Plan NameCOMMERCIAL CREDIT GROUP, INC. 401(K) PLAN
Plan identification number 001

COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

COMMERCIAL CREDIT GROUP INC. has sponsored the creation of one or more 401k plans.

Company Name:COMMERCIAL CREDIT GROUP INC.
Employer identification number (EIN):201409176
NAIC Classification:522220
NAIC Description:Sales Financing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01HEATHER KELLY
0012017-01-01HEATHER KELLY
0012016-01-01HEATHER KELLY
0012015-01-01KEVIN MCGINN
0012014-01-01KEVIN MCGINN2015-07-29
0012013-01-01KEVIN MCGINN2014-07-14
0012012-01-01KEVIN MCGINN2013-07-01 KEVIN MCGINN2013-07-01
0012011-01-01KEVIN MCGINN2012-07-03
0012010-01-01KEVIN MCGINN2011-07-05

Plan Statistics for COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN

401k plan membership statisitcs for COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN

Measure Date Value
2022: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01280
Total number of active participants reported on line 7a of the Form 55002022-01-01239
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0137
Total of all active and inactive participants2022-01-01276
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01276
Number of participants with account balances2022-01-01208
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0134
2021: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01280
Total number of active participants reported on line 7a of the Form 55002021-01-01231
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0131
Total of all active and inactive participants2021-01-01262
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01262
Number of participants with account balances2021-01-01182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0124
2020: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01247
Total number of active participants reported on line 7a of the Form 55002020-01-01213
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0128
Total of all active and inactive participants2020-01-01241
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01241
Number of participants with account balances2020-01-01181
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0120
2019: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01210
Total number of active participants reported on line 7a of the Form 55002019-01-01190
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0146
Total of all active and inactive participants2019-01-01236
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01236
Number of participants with account balances2019-01-01189
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0110
2018: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01190
Total number of active participants reported on line 7a of the Form 55002018-01-01175
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0119
Total of all active and inactive participants2018-01-01194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01194
Number of participants with account balances2018-01-01149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-019
2017: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01156
Total number of active participants reported on line 7a of the Form 55002017-01-01155
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0119
Total of all active and inactive participants2017-01-01174
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01174
Number of participants with account balances2017-01-01124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-017
2016: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01137
Total number of active participants reported on line 7a of the Form 55002016-01-01120
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0114
Total of all active and inactive participants2016-01-01134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01134
Number of participants with account balances2016-01-01106
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-019
2015: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01124
Total number of active participants reported on line 7a of the Form 55002015-01-01121
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0113
Total of all active and inactive participants2015-01-01134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01134
Number of participants with account balances2015-01-01111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0113

Financial Data on COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN

Measure Date Value
2022 : COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$8,662,685
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-2,550,250
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$2,328,873
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$2,322,483
Value of total corrective distributions2022-12-31$2,945
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,815,531
Value of total assets at end of year2022-12-31$23,805,685
Value of total assets at beginning of year2022-12-31$20,022,123
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$3,445
Total interest from all sources2022-12-31$10,310
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$311,466
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$311,466
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31Yes
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$1,861,716
Participant contributions at end of year2022-12-31$206,423
Participant contributions at beginning of year2022-12-31$142,976
Assets. Other investments not covered elsewhere at end of year2022-12-31$348,663
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$102,535
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$470,286
Other income not declared elsewhere2022-12-31$-42,302
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-4,879,123
Value of net assets at end of year (total assets less liabilities)2022-12-31$23,805,685
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$20,022,123
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$17,282,019
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$16,763,722
Interest on participant loans2022-12-31$10,310
Value of interest in common/collective trusts at end of year2022-12-31$5,968,580
Value of interest in common/collective trusts at beginning of year2022-12-31$3,012,890
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-4,798,507
Net investment gain or loss from common/collective trusts2022-12-31$-846,748
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$483,529
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$2,322,483
Contract administrator fees2022-12-31$3,445
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31Yes
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31CLIFTON LARSON ALLEN LLP
Accountancy firm EIN2022-12-31410746749
2021 : COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$5,633,992
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$560,166
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$558,211
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$3,034,312
Value of total assets at end of year2021-12-31$20,022,123
Value of total assets at beginning of year2021-12-31$14,948,297
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$1,955
Total interest from all sources2021-12-31$5,578
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$178,840
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$178,840
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,602,085
Participant contributions at end of year2021-12-31$142,976
Participant contributions at beginning of year2021-12-31$94,002
Assets. Other investments not covered elsewhere at end of year2021-12-31$102,535
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$10,096
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$1,002,572
Other income not declared elsewhere2021-12-31$18,239
Administrative expenses (other) incurred2021-12-31$720
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$5,073,826
Value of net assets at end of year (total assets less liabilities)2021-12-31$20,022,123
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$14,948,297
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$16,763,722
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$13,042,436
Interest on participant loans2021-12-31$5,578
Value of interest in common/collective trusts at end of year2021-12-31$3,012,890
Value of interest in common/collective trusts at beginning of year2021-12-31$1,801,763
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$1,999,727
Net investment gain or loss from common/collective trusts2021-12-31$397,296
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$429,655
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$558,211
Contract administrator fees2021-12-31$1,235
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$80,251
Aggregate carrying amount (costs) on sale of assets2021-12-31$80,251
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2021-12-31410746749
2020 : COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2020 401k financial data
Unrealized appreciation/depreciation of real estate assets2020-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$0
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Expenses. Interest paid2020-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022020-12-31$0
Total income from all sources (including contributions)2020-12-31$4,411,175
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$642,267
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$615,168
Expenses. Certain deemed distributions of participant loans2020-12-31$0
Value of total corrective distributions2020-12-31$2,919
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,862,373
Value of total assets at end of year2020-12-31$14,948,297
Value of total assets at beginning of year2020-12-31$11,179,389
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$24,180
Total income from rents2020-12-31$0
Total interest from all sources2020-12-31$6,409
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$125,380
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$125,380
Administrative expenses professional fees incurred2020-12-31$0
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Amount of non-exempt transactions with any party-in-interest2020-12-31$0
Contributions received from participants2020-12-31$1,422,383
Participant contributions at end of year2020-12-31$94,002
Participant contributions at beginning of year2020-12-31$124,996
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$0
Assets. Other investments not covered elsewhere at end of year2020-12-31$10,096
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$33,166
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$0
Other income not declared elsewhere2020-12-31$-44
Administrative expenses (other) incurred2020-12-31$24,180
Liabilities. Value of operating payables at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Income. Non cash contributions2020-12-31$0
Value of net income/loss2020-12-31$3,768,908
Value of net assets at end of year (total assets less liabilities)2020-12-31$14,948,297
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$11,179,389
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2020-12-31$0
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year2020-12-31$0
Investment advisory and management fees2020-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$13,042,436
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$9,826,094
Interest on participant loans2020-12-31$6,409
Income. Interest from loans (other than to participants)2020-12-31$0
Interest earned on other investments2020-12-31$0
Income. Interest from US Government securities2020-12-31$0
Income. Interest from corporate debt instruments2020-12-31$0
Value of interest in common/collective trusts at end of year2020-12-31$1,801,763
Value of interest in common/collective trusts at beginning of year2020-12-31$1,228,299
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,164,898
Net investment gain/loss from pooled separate accounts2020-12-31$0
Net investment gain or loss from common/collective trusts2020-12-31$252,159
Net gain/loss from 103.12 investment entities2020-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$406,824
Employer contributions (assets) at end of year2020-12-31$0
Employer contributions (assets) at beginning of year2020-12-31$0
Income. Dividends from preferred stock2020-12-31$0
Income. Dividends from common stock2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$615,168
Contract administrator fees2020-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$0
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$0
Aggregate carrying amount (costs) on sale of assets2020-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2020-12-31$0
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31CLIFTON LARSON ALLEN LLP
Accountancy firm EIN2020-12-31410746749
2019 : COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$3,862,751
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$619,253
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$617,623
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,845,143
Value of total assets at end of year2019-12-31$11,179,389
Value of total assets at beginning of year2019-12-31$7,935,891
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$1,630
Total interest from all sources2019-12-31$7,844
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$150,675
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$150,675
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$1,368,236
Participant contributions at end of year2019-12-31$124,996
Participant contributions at beginning of year2019-12-31$85,977
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$74,230
Other income not declared elsewhere2019-12-31$1,412
Administrative expenses (other) incurred2019-12-31$1,630
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$3,243,498
Value of net assets at end of year (total assets less liabilities)2019-12-31$11,179,389
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$7,935,891
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$9,826,094
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$6,872,119
Interest on participant loans2019-12-31$7,843
Value of interest in common/collective trusts at end of year2019-12-31$1,228,299
Value of interest in common/collective trusts at beginning of year2019-12-31$977,795
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$1
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,688,315
Net investment gain or loss from common/collective trusts2019-12-31$169,362
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$402,677
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$617,623
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$4
Aggregate carrying amount (costs) on sale of assets2019-12-31$4
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31CLIFTONLARSONALLENLLP
Accountancy firm EIN2019-12-31410746749
2018 : COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$1,329,403
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$264,731
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$263,761
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,753,949
Value of total assets at end of year2018-12-31$7,935,891
Value of total assets at beginning of year2018-12-31$6,871,219
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$970
Total interest from all sources2018-12-31$3,731
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$115,917
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$115,917
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$1,179,464
Participant contributions at end of year2018-12-31$85,977
Participant contributions at beginning of year2018-12-31$74,720
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$266,503
Other income not declared elsewhere2018-12-31$1
Administrative expenses (other) incurred2018-12-31$970
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$1,064,672
Value of net assets at end of year (total assets less liabilities)2018-12-31$7,935,891
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$6,871,219
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$6,872,119
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$5,825,213
Interest on participant loans2018-12-31$3,731
Value of interest in common/collective trusts at end of year2018-12-31$977,795
Value of interest in common/collective trusts at beginning of year2018-12-31$971,286
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-513,151
Net investment gain or loss from common/collective trusts2018-12-31$-31,044
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$307,982
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$263,761
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$6,800
Aggregate carrying amount (costs) on sale of assets2018-12-31$6,800
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2018-12-31410746749
2017 : COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$2,559,916
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$949,946
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$926,203
Value of total corrective distributions2017-12-31$7,960
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,356,757
Value of total assets at end of year2017-12-31$6,871,219
Value of total assets at beginning of year2017-12-31$5,261,249
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$15,783
Total interest from all sources2017-12-31$1,915
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$80,828
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$80,828
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$979,715
Participant contributions at end of year2017-12-31$74,720
Participant contributions at beginning of year2017-12-31$16,331
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$135,358
Other income not declared elsewhere2017-12-31$34
Administrative expenses (other) incurred2017-12-31$15,783
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,609,970
Value of net assets at end of year (total assets less liabilities)2017-12-31$6,871,219
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$5,261,249
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$5,825,213
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$4,382,249
Interest on participant loans2017-12-31$1,915
Value of interest in common/collective trusts at end of year2017-12-31$971,286
Value of interest in common/collective trusts at beginning of year2017-12-31$862,669
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,026,643
Net investment gain or loss from common/collective trusts2017-12-31$93,739
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$241,684
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$926,203
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31CLIFTON LARSON ALLEN LLP
Accountancy firm EIN2017-12-31410745747
2016 : COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$1,433,353
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$509,037
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$500,675
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,129,730
Value of total assets at end of year2016-12-31$5,261,249
Value of total assets at beginning of year2016-12-31$4,336,933
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$8,362
Total interest from all sources2016-12-31$486
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$61,629
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$61,629
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$906,715
Participant contributions at end of year2016-12-31$16,331
Participant contributions at beginning of year2016-12-31$13,541
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$919
Other income not declared elsewhere2016-12-31$11,508
Administrative expenses (other) incurred2016-12-31$8,362
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$924,316
Value of net assets at end of year (total assets less liabilities)2016-12-31$5,261,249
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$4,336,933
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$4,382,249
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$4,323,392
Interest on participant loans2016-12-31$486
Value of interest in common/collective trusts at end of year2016-12-31$862,669
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$208,290
Net investment gain or loss from common/collective trusts2016-12-31$21,710
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$222,096
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$500,675
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31CLIFTON LARSON ALLEN LLP
Accountancy firm EIN2016-12-31410745749
2015 : COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2015 401k financial data
Total income from all sources (including contributions)2015-12-31$1,094,902
Total of all expenses incurred2015-12-31$265,769
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$255,832
Value of total corrective distributions2015-12-31$2,213
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,065,361
Value of total assets at end of year2015-12-31$4,336,933
Value of total assets at beginning of year2015-12-31$3,507,800
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$7,724
Total interest from all sources2015-12-31$1,065
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$215,405
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$215,405
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$809,781
Participant contributions at end of year2015-12-31$13,541
Participant contributions at beginning of year2015-12-31$16,475
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$31,417
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$829,133
Value of net assets at end of year (total assets less liabilities)2015-12-31$4,336,933
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$3,507,800
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$4,323,392
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$3,491,325
Interest on participant loans2015-12-31$1,065
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-186,929
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$224,163
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$255,832
Contract administrator fees2015-12-31$7,724
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31CLIFTON LARSON ALLEN
Accountancy firm EIN2015-12-31410745749

Form 5500 Responses for COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN

2022: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: COMMERCIAL CREDIT GROUP, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes

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